Chevron To Divest Its Ownership Interests In Hess Midstream And DJ Basin Crude Midstream Assets; Revised Agreements Expected To Reduce Bakken Unit Midstream Costs By About 50%; To Transfer Hess Midstream Interests And DJ Basin Assets For $200M Cash
Chevron Corporation (NYSE:CVX) announced today that several of its subsidiaries have entered into a series of definitive agreements with Hess Midstream LP (NYSE:HESM) to restructure the terms of its Bakken midstream